Skip to main content
The Globe and Mail
Support Quality Journalism.
The Globe and Mail
First Access to Latest
Investment News
Collection of curated
e-books and guides
Inform your decisions via
Globe Investor Tools
Just$1.99
per week
for first 24 weeks

Enjoy unlimited digital access
Enjoy Unlimited Digital Access
Get full access to globeandmail.com
Just $1.99 per week for the first 24 weeks
Just $1.99 per week for the first 24 weeks
var select={root:".js-sub-pencil",control:".js-sub-pencil-control",open:"o-sub-pencil--open",closed:"o-sub-pencil--closed"},dom={},allowExpand=!0;function pencilInit(o){var e=arguments.length>1&&void 0!==arguments[1]&&arguments[1];select.root=o,dom.root=document.querySelector(select.root),dom.root&&(dom.control=document.querySelector(select.control),dom.control.addEventListener("click",onToggleClicked),setPanelState(e),window.addEventListener("scroll",onWindowScroll),dom.root.removeAttribute("hidden"))}function isPanelOpen(){return dom.root.classList.contains(select.open)}function setPanelState(o){dom.root.classList[o?"add":"remove"](select.open),dom.root.classList[o?"remove":"add"](select.closed),dom.control.setAttribute("aria-expanded",o)}function onToggleClicked(){var l=!isPanelOpen();setPanelState(l)}function onWindowScroll(){window.requestAnimationFrame(function() {var l=isPanelOpen(),n=0===(document.body.scrollTop||document.documentElement.scrollTop);n||l||!allowExpand?n&&l&&(allowExpand=!0,setPanelState(!1)):(allowExpand=!1,setPanelState(!0))});}pencilInit(".js-sub-pencil",!1); // via darwin-bg var slideIndex = 0; carousel(); function carousel() { var i; var x = document.getElementsByClassName("subs_valueprop"); for (i = 0; i < x.length; i++) { x[i].style.display = "none"; } slideIndex++; if (slideIndex> x.length) { slideIndex = 1; } x[slideIndex - 1].style.display = "block"; setTimeout(carousel, 2500); } //

A trader looks up at a chart on his computer screen while working on the floor of the New York Stock Exchange shortly after the market opening in New York July 11, 2013. Global stock indexes rose sharply while the dollar tumbled on Thursday after Federal Reserve chief Ben Bernanke signalled the U.S. central bank may not be as close to winding down its stimulus policy as markets had begun to expect.

LUCAS JACKSON/Reuters

BlackRock Asset Management Canada Ltd. has expanded its exchange traded fund family with the addition of four new iShares "Core Series" funds, as well as a fifth new ETF that provides an unhedged option to get exposure to dividend-paying U.S. companies.

The "Core Series" fund family by BlackRock caters to investors who want to buy and hold. The four new funds bring the iShares Core group to a total of 14 funds within Canada.

The new funds are: iShares Core S&P U.S. Total Market Index ETF (XUU), iShares Core S&P U.S. Total Market Index ETF (CAD-Hedged) (XUH), iShares Core MSCI All Country World ex Canada Index ETF (XAW) and iShares Core MSCI EAFE IMI Index ETF (CAD-Hedged) (XFH).

Story continues below advertisement

iShares Core S&P U.S. Total Market Index ETF and iShares Core S&P U.S. Total Market Index ETF (CAD-Hedged) offers investors broad exposure to U.S large, mid, small and mirco capitalized companies. XUH is 100 per cent hedged to the Canadian dollar.

iShares Core MSCI All Country World ex Canada Index ETF provides access to large, mid and small cap stocks across 22 developed markets countries (excluding Canada) and 23 emerging markets countries.

iShares Core MSCI EAFE IMI Index ETF (CAD-Hedged) captures large, mid and small cap representation across developed markets countries around the world, excluding the US and Canada, and is 100 per cent hedged to the Canadian dollar.

Management fees for the new funds range from 0.10 per cent to 0.20 per cent.

In addition to expanding the Core funds, iShares has launched a fifth ETF: iShares U.S. High Dividend Equity Index ETF (XHU). The introduction of the iShares U.S. High Dividend Equity Index ETF provides investors with exposure to a diversified portfolio of 75 high-quality U.S. dividend-paying stocks. Hedged to the U.S. dollar, XHU offers investors the opportunity to capture the current strength of the U.S. currency while also earning income.

The fund is a complement to the Canadian-dollar-hedged fund iShares US High Dividend Equity Index ETF CAD-Hedged (XHD), which has attracted nearly $170-million in assets under management since its inception in 2012.

Your Globe

Build your personal news feed

  1. Follow topics and authors relevant to your reading interests.
  2. Check your Following feed daily, and never miss an article. Access your Following feed from your account menu at the top right corner of every page.

Follow the author of this article:

View more suggestions in Following Read more about following topics and authors
Report an error Editorial code of conduct
Tickers mentioned in this story
Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to feedback@globeandmail.com. If you want to write a letter to the editor, please forward to letters@globeandmail.com.

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff.

We aim to create a safe and valuable space for discussion and debate. That means:

  • Treat others as you wish to be treated
  • Criticize ideas, not people
  • Stay on topic
  • Avoid the use of toxic and offensive language
  • Flag bad behaviour

If you do not see your comment posted immediately, it is being reviewed by the moderation team and may appear shortly, generally within an hour.

We aim to have all comments reviewed in a timely manner.

Comments that violate our community guidelines will not be posted.

UPDATED: Read our community guidelines here

Discussion loading ...

To view this site properly, enable cookies in your browser. Read our privacy policy to learn more.
How to enable cookies